MicroStrategy (MSTR) Scheduled to Post Quarterly Earnings on Thursday

MicroStrategy (NASDAQ:MSTR) is set to announce its earnings results after the market closes on Thursday, January 25th. Analysts expect the company to announce earnings of $1.38 per share for the quarter.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, October 26th. The software maker reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.56. The firm had revenue of $125.20 million during the quarter, compared to analysts’ expectations of $125.78 million. MicroStrategy had a net margin of 14.81% and a return on equity of 12.90%. The business’s revenue was down 3.6% on a year-over-year basis. During the same period last year, the company earned $2.90 earnings per share. On average, analysts expect MicroStrategy to post $5 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of MicroStrategy (NASDAQ MSTR) traded up $2.13 during midday trading on Friday, hitting $140.98. 72,516 shares of the stock were exchanged, compared to its average volume of 60,046. The firm has a market capitalization of $1,610.00, a PE ratio of 43.38 and a beta of 0.66. MicroStrategy has a 52-week low of $122.90 and a 52-week high of $205.96.

A number of research analysts have recently issued reports on MSTR shares. Citigroup reiterated a “hold” rating and set a $133.00 price objective (down from $191.00) on shares of MicroStrategy in a report on Thursday, September 21st. Zacks Investment Research upgraded shares of MicroStrategy from a “strong sell” rating to a “hold” rating in a report on Friday, September 29th. Mizuho reduced their price objective on shares of MicroStrategy from $220.00 to $200.00 and set a “buy” rating for the company in a report on Friday, October 27th. Finally, BidaskClub cut shares of MicroStrategy from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. MicroStrategy presently has an average rating of “Hold” and a consensus target price of $155.75.

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About MicroStrategy

MicroStrategy Incorporated is a provider of enterprise software platforms around the world. The Company is engaged in the design, development, marketing and sales of its software platform through licensing arrangements, and cloud-based subscriptions and related services. It focuses on providing enterprise customers with software platform and services for deploying intelligence applications.

Earnings History for MicroStrategy (NASDAQ:MSTR)

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